The Fed just aggressively hiked 75 bp in the midst of the first major correction since 2009, making clear the game has changed, and we’re into a whole new cycle. While the market correction remains ongoing, when it flips, it will flip swiftly. Already there are positive signals to be seen – but only if you look outside the box.
Markets are never as bad as you fear, but never as good as you hope. The Threat Board has seldom looked so complex: we can try to predict outcomes, but its notoriously difficult. The list of potential ignition points seems to be expanding exponentially: Energy Prices, Oil, Inflation, Stagflation, Supply Chains, Recession, China, Politics, Consumer Sentiment, Business Confidence, Property Markets, Liquidity, Bond Yields, Stock Prices.. you name it and someone is worrying about it.
Blain’s Morning Porridge – March 16th 2020 “What d’ya mean you can’t swim? The fall will probably kill ya!” Before…
Blain’s Morning Porridge – March 9th 2020 This is going to be a challenging week. Coronavirus is the dominant feature,…
Blain’s Morning Porridge – March 2nd 2020 “I think this is serious in the sense that we can’t afford not…
